The BoE Meeting is in the Focus of Attention

At the moment, the pound is consolidating ahead of today's decision of the Central Bank of England on monetary
policy. It should be recalled that at the last meeting three representatives of the Central Bank voted for
tightening the monetary policy. The latest economic reports from the UK were mixed. At the moment, most experts
believe that the regulator will leave the interest rate at the previous level of 0.25%. We recommend you to pay
attention to the comments of officials and the Bank of England report on inflation.

Preliminary statistics on the labor market in the US from ADP was rather weak. At the same time, the US dollar
showed mixed results relative to the majors. The dollar index (#DX) closed the trading session in the negative zone
(-0.16%).

The Australian dollar is under pressure. In June, the surplus of Australia's trade balance amounted to A$856
million, which is significantly lower than the forecasted value of A$1,800 million. The index of business activity
in the services sector of China from Caixin (July) was 51.5. Experts expected the indicator at the level of 51.9.

This article reflects a personal opinion and should not be interpreted as an investment advice, and/or offer,
and/or a persistent request for carrying out financial transactions, and/or a guarantee, and/or a forecast of future events.

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